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Question

A trial balance contains the balances of ______________________.


A
Only personal and real accounts
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B
Only real and nominal accounts
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C
Only nominal and personal accounts
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D
All accounts
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Solution

The correct option is D All accounts
Trial Balance is a statement which lists all the balances of the RealPersonal and Nominal Account irrespective of Capital or Revenue account. It contains two columns debit and credit.

Accountancy

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